SharpLink deploys $170M in ETH on Linea
Summary
SharpLink has deployed $170 million worth of Ethereum onto Linea, a zkEVM Layer 2 network, as part of a novel, enhanced yield strategy. This deployment aggregates several sources of return, including native Ethereum yield, restaking rewards generated through EigenLayer, and specific incentives offered by both Linea and the staking/restaking protocol EtherFi. Anchorage Digital serves as the custodian for these institutional assets. SharpLink claims this deployment represents the most productive method for holding ETH while utilizing institutional-grade infrastructure.
(Source:Crypto Briefing)